EGO EPW

It could be worthwhile looking at the MEL forum and the...

  1. CSGguy
    351 Posts.
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    30/12/14
    20:26
    Post #: 14520076
    It could be worthwhile looking at the MEL forum and the discussion around its decision to commit AUD2.5 million to what might be a "black hole" in the US.

    Maybe EGO holders would like to discuss with their joint major shareholder, EPW, whether MEL's current cash reserves might be better spent in WA rather than gamble on EOR in the US at a time of dramatically falling US oil prices.
    EGO Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
    EPW Price at posting: $2.09 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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